[opb] Verizon customers in Oregon and Washington are getting a new phone provider. The company has just sold off telecommunications services across fourteen states. April Baer reports.
The buyer is Frontier Communications, a Connecticut corporation that specializes in serving rural areas. Stephanie Beasly is a Frontier spokeswoman.
Stephanie Beasly: "This is a great opportunity for us to enhance our products mix, and also leverage some scale and scope."
Translation: Frontier is about to get about three times bigger, and become the largest phone and data provider to focus on rural markets.
It's also a chance for Frontier to explore how fiber-optic internet services are working out, before committing to them for other markets.
For Verizon, this represents a chance to divest land-line operations outside the Northeast and California, where it's been focusing the most energy lately. It's also selling its cel phone and cable TV services to Frontier.
The deal still must get regulators' approval. Verizon has more than a million phone lines in its Oregon service area.
Verizon Sells Off Telecommunications Services
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